FAQ
What can I use as security on a bridging loan?
- Residential Property
- Residential Developments
- Commercial Property
- Commercial Developments
- Mixed Use property schemes
- Offices
- Retail
- Land
- Investment, residential or commercal property
When will the legal fees for the bridging loan be due?
Legal fees are payable when you have received the bridging loan.
What is the best APR rate available?
Rates start from 1.25% per month.
What flexibility do I get in the terms of the loan?
The flexibility you get is in how long you want to take to pay off the loan. You can pay off the loan from anywhere between 1 and 12 months.
Can I settle the bridging loan early?
Yes, this is fine and that decision is up to you.
Are there any valuation fees?
When you take out a bridging loan, you will also have to pay a valuation fee.
Netloans Ltd. is an appointed representative of Netcars Ltd. who are authorised and regulated by the Financial Services Authority and registered with the Finance Industry Standards Association.
Disclaimer: WARNING: THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. LOANS ARE SECURED ON YOUR HOME.